Answer:
6.25%
Explanation:
Interest is calculate using the formula
I= P x R x T
in this case
I= interest, p= $975, r=?? ,t = 1
Therefore:
60.94 = 975 x r x 1
60.94 =975 r/100... we multiply both side by 100 to get rid of the fraction.
6094=975r
r=6094/ 975
r=6.2502
interest rate = 6.25%
Transnational level of analysis best describes the liberal emphasis on the role of nongovernmental organizations working across state borders
- Liberal hypotheses of political reasoning illuminate the hone and convention of non-state on-screen characters and non-governmental organizations (together, ‘non-governmental actors’).
- Goals for worldwide equity or a equitable peace, among other things, emerge out of liberal thought from John Locke and Immanuel Kant to Jürgen Habermas and John Rawls.
- Their work underscores an persevering part for private on-screen characters within the open circle as a vital component for dynamic political advancement.
- This paper examinations the part of non-governmental on-screen characters in magnanimous political reasoning from Kant to Rawls.
- Liberals believe that international institutions play a key role in cooperation among states via interdependence.
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Answer:
$1,500,000
Explanation:
When anyone donates property to a qualifying charity or educational institution (in this case the university) the donation amount is equal to the property's basis = $1,500,000.
Once the amount is determined, the taxpayer can only deduct up to 50% of his adjusted gross income for the year.
Answer:
<u>c. exposing himself to unlimited personal liability.</u>
Explanation:
One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.
A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.
Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.
Thus, the correct option is, c. exposing himself to unlimited personal liability .
Answer:
<em>April 15</em>
Dividends $65,000 (debit)
Shareholders for Dividends $65,000 (credit)
Being Dividends proposed to Shareholders
<em>May 20</em>
No Entry
<em>June 14</em>
Shareholders for Dividends $65,000 (debit)
Cash $65,000 (credit)
Being payment of dividends to outstanding shareholders
Explanation:
Journal entries and narrations are provided above.
Dividend Calculation = 100,000 shares × 65 cents
= $65,000
Note : On 20 May no entry must be made. On this day the directors determine the number of stocks outstanding for dividends.